Bullish flag witnessed at BJFN during 2 July 2014

bullish trend

target -210

entry -202

stop loss-190

2 Comments

Naresh 3 years ago

Hi,
The first leg of the bullish flag pattern is characterized by a sharp rally in price in the direction of the current trend(at least 2-3 days sharp rally in the steeper pole) and volume should be high during the breakout day.

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EKAMBARAM ME 3 years ago

Thanks Abijit for posting your analysis. I also think that target should be fixed little high. Finding flag pattern is difficult, if we do, we can get higher profit. But as Naresh suggest, we should watch the volume support also during this analysis.

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